Noblesville Neighborhood Guide

Oakmont in Noblesville: What It Costs, How the Sections Work, and Who It Fits

One subdivision, six sections, about 294 homes, and a lot of green space. Here is what homes have actually sold for, what the community offers, and what to confirm before you buy.

The short version

Oakmont at a Glance

Oakmont was built starting in 1998 and sits in the area bounded by SR 32, SR 38, Hague Road, and Mill Creek Road. It is one subdivision with one property owners association, even though the sections go by different names: Oakmont Green, Glen, Village, Ridge, Woods, and Creek's Edge. Listings often use the section name, so a search on just one name misses homes.

It is a place people tend to stay. Only about 3 to 4 percent of homes sell in a typical year, which is why a handful of sales is all you will see in any 12-month window.

Homes in the neighborhoodAbout 294
Closed sales, last 12 months10
Median sale price~$440,000
Full range~$328,000 to ~$595,000
Median price per sq ft~$161
Year built (started)1998
AssociationOne POA, six sections

Data note: Sales figures are summarized from MIBOR MLS closed sales in the 12 months before November 2026. Ten sales is a small sample, so use these numbers as a rough guide, not a valuation of any one home. Always confirm HOA details with the association before you buy.


Price

What Homes in Oakmont Actually Sold For

Over the last 12 months, 10 homes closed across the sections, from about $328,000 to about $595,000, with a median near $440,000. That makes Oakmont one of the more approachable price points for a neighborhood with this much common space in Noblesville. The median price per square foot is around $161.

The spread comes mostly from size, condition, and lot. A lightly updated home on a standard lot and a fully updated home backing to a pond can sit a long way apart inside the same neighborhood, so the section name alone will not tell you what a house is worth. Because so few homes sell each year, a good comparison often means looking back further than 12 months and adjusting for updates.


Amenities and HOA

Green Space, Ponds, and the Association

Oakmont's biggest feature is open space: about 70 acres of common area, seven ponds, and a nature area. There is also a community pool, basketball and volleyball courts, and a playground.

Pool access, hours, and fees are set by the association and change by season, so confirm them directly instead of relying on an old rule sheet.

What the covenants say about money

The recorded declaration sets base assessments as annual, equal for every lot, and due in advance at the start of the fiscal year, though the board can allow installments. Assessments are pro-rated at closing, and the association can issue a certificate showing whether a lot is paid up. The declaration does not set a transfer or resale fee, although a management company may charge its own, so ask.

The current dollar amount is set each year by the board, and recent listings show slightly different figures. Confirm the current dues, how they are billed, and who manages the association before you write an offer.


Rules

The Rules Worth Knowing Before You Buy

These come from the original recorded declaration for Oakmont (filed July 1997). Sections added later can have their own supplemental declarations and amendments, so treat this as the baseline and confirm the exact rules for the section you are buying in.

  • Fences, hedges, walls, and dog runs need approval from the architectural committee.
  • No above-ground pools. In-ground pools and hot tubs are allowed with prior approval.
  • No utility sheds or temporary structures on a lot.
  • RVs, campers, trailers, boats, and commercial vehicles must be kept in an enclosed garage, and garages cannot be converted in a way that reduces the number of cars they hold.
  • Basketball goals cannot attach to the house, and their location needs committee approval.
  • Each lot has a uniform yard light and mailbox, and tree removal is restricted without approval.
  • Renting is allowed. Leases must be written, run at least six months, cover the whole home, and be filed with the association. No short-term or transient rentals, and no subleasing without board approval.
  • Owners must give the board at least seven days written notice of a sale or transfer.

Fit

Who Oakmont Fits, and Who It Doesn't

It tends to fit if you

  • Want lots of green space, ponds, and walking room without a premium price.
  • Like an established neighborhood where people stay for years.
  • Are shopping in the $330s to $590s and want a community pool nearby.
  • Would rather buy a home you can update over time than a brand-new build.

It may not fit if you

  • Want to park an RV, boat, or camper outside, or add a shed or an above-ground pool.
  • Need lots of inventory to choose from. Only about 10 homes sell in a year.
  • Want newer construction and modern finishes without doing any updating.
  • Want a big clubhouse or full amenity center. Oakmont's appeal is open space, not a resort feel.
  • Are looking for a high-end price point. Sales above $600,000 are not typical here.

A note from Ryan: Oakmont Green was my own neighborhood, so I know how the sections blur together online and why people end up confused about what is "Oakmont" and what is not. If I got something wrong or out of date here, tell me and I will fix it.


Questions

Oakmont FAQ

How much do homes in Oakmont cost?

Over the last 12 months (as of November 2026), 10 homes closed, from about $328,000 to about $595,000, with a median near $440,000.

Is Oakmont one neighborhood or several?

One subdivision and one association, built in six sections: Green, Glen, Village, Ridge, Woods, and Creek's Edge.

What amenities does Oakmont have?

About 70 acres of common area, seven ponds, a pool, basketball and volleyball courts, a playground, and a nature area.

What are the HOA dues?

The covenants make dues an equal annual assessment per lot, due in advance, with installments possible at the board's discretion. The current amount changes by year and recent listings differ slightly, so confirm the figure and who manages the association before you offer.

Nearby

More Noblesville Neighborhoods

Comparing options? Read the other Noblesville neighborhood guides: Lochaven, South Harbour, Mill Grove, North Harbour, Pebble Brook, Sagamore, Slater, West Harbour. Or start at the Noblesville overview.


Thinking About Buying or Selling in Oakmont?

I'm happy to talk through what your home might sell for, or what to look for in a specific house. No pressure, just straight answers.

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